Senior Benefits Analyst

Posted Under: Philadelphia, Pennsylvania jobs in Professions; Professions jobs in zipcode 19019
Posted On: 2017-10-19 12:00:00

Job Summary: Under general supervision, supports the Benefits and Medical divisions within the Bank's Human Resources department. Performs analytical and administrative duties related to the comprehensive benefits package that is offered to active employees and retirees. The Senior Benefits Analyst will display an exceptional ability to communicate directly with employees and retirees in order to explain benefit programs and eligibility requirements. Collaborates cross-functionally with other functions within the Human Resources department and provides support and performs work on projects and initiatives as needed. Principal Duties and Responsibilities: Provides, through a consultative approach, exceptional customer service to employees seeking assistance related to benefits enrollment/explanation, retirement, leaves of absence, etc. Supports the Benefits Manager and Medical Division with the administration of the Bank's leave of absence policies, FMLA, ADA, etc. Collaborates cross-functionally with other Human Resources functions and provides support and performs work on projects and department initiatives. Prepares and presents benefits-related information to new employees of the Bank. Works directly with Financial Management Services (FMS) to provide updated data related to benefit plan valuations and methodology. Monitors and maintains Benefits department general ledger accounts associated with employee payroll deductions and provides detailed instruction for the correct distribution of funds. Prepares annual open enrollment materials and coordinates employee/retiree and vendor participation in the annual benefits fair. Prepares benefits and medical communications as needed and coordinates with the Bank's Public Affairs department to publish information in the Bank's newsletter and internal website. Coordinates educational seminars with outside vendors that focus on financial planning, retirement planning, and work/life balance. Performs other related duties as assigned.